By Yeow Pei Lin
SINGAPORE (ICIS)--Asia ethylene’s demand-supply balance is expected to remain tight in 2015 despite a lighter cracker turnaround schedule, players said.
Supplies are expected to be curtailed by reduced exports from South Korea on the back of new downstream projects as well as the closure of uncompetitive crackers in northeast Asia.
In addition, import demand from China - Asia’s largest market - is expected to be supported by derivative expansions.more >>
INSIGHT: Crude fall moves olefins margins, hits ethane advantage
"Prices tend to fall faster than they can be recovered so this is a difficult and uncertain time." more
Asian Chemical Connections